Govt launched 'Make in India' on 25 Sept 2014 to make India manufacturing hub. On its 10th anniversary, PM Modi said it illustrates 'collective resolve of 140 crore Indians'.
Sitharaman should use NSSO data on household consumption of various goods and services, make public the GST paid by the top, middle, and poorest income groups.
World Bank has revised India’s GDP projection for current fiscal to 7% from previous estimate of 6.6%. Pick-up in agriculture & govt spending should lift growth in the coming quarters.
India's growth post-1970 outpaced both low and middle-income countries, as well as the world economy. Yet, it has not been a “shining” record, because of poor socio-economic metrics and rising inequality.
In the April-June quarter, elections, govt spending slowdown & heatwave are expected to have contributed to slower growth. Going forward, rural demand may see a pick-up.
The target signals the government's intention to remain fiscally prudent despite expectations it may ramp up spending on welfare programs following a weaker than anticipated election victory for Modi.
A growth loop is unlikely to sustain if the overall environment is not ready for success. Growth creates value and it leans heavily on effective governance to move to a bigger loop.
As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.
Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
Modi has always been a hoax. A man who is very clever with words, but zero on implementation of anything. As an older man who has lived from as far back as Indira Gandhi’s days as PM, I can say that the business environment in India was best when Manmohan Singh was PM. That was when the Indian economy really boomed. Unfortunately, the economy has totally stagnated under Modi, whose sole interest is to remain in power. We need another Manmohan Singh for the Indian economy to again take off.
Under manmohan singh india was considered the fragile five economy.. He’s the biggest failure
I think that we get clear picture if same trends of some Global leaders are compared with the same parameters. What is the position of USA, China, Germany, Japan and France is same category can give us clear picture of this illustrations.
Forget about exports, ten years is too short to become self reliant in every sector. In a country where smart people either move out or compete for government service jobs, why anyone would be interested to get into manufacturing. Then, there are challenges like land availability, credit, corruption at government offices. Reformation must happen at every level. Make in India will be successful in few years, which will be much more visible than now.
I remember that event so well. Tycoons had flown in on their corporate jets. The hall was overflowing. Glitzy, as was to become the leitmotif. And see what the numbers show. Make in India should go back to the drawing board. Deeper integration with value chains, lower import tariffs, joining RCEP. A new Sherpa in charge.
Who in their senses will get into manufacturing in India. If anyone gets into it governments both state and centre will be the first to make the manufacturer’s life miserable. As it is manufacturing is a tough ask without being made to follow a plethora of rules and regulations, undergo harassment by petty bureaucracy and generally being treated as a criminal.
Let us look at it this way. With burgeoning population, unemployment being what it is, Corona and Covid , mercifully we have not sunk especially with Chinese consumables available at competitive affordable prices. The variable GST has of late compounded the challenges of manufacturers and startups. Let us admit these and find a way forward
Modi has always been a hoax. A man who is very clever with words, but zero on implementation of anything. As an older man who has lived from as far back as Indira Gandhi’s days as PM, I can say that the business environment in India was best when Manmohan Singh was PM. That was when the Indian economy really boomed. Unfortunately, the economy has totally stagnated under Modi, whose sole interest is to remain in power. We need another Manmohan Singh for the Indian economy to again take off.
Under manmohan singh india was considered the fragile five economy.. He’s the biggest failure
I think that we get clear picture if same trends of some Global leaders are compared with the same parameters. What is the position of USA, China, Germany, Japan and France is same category can give us clear picture of this illustrations.
Forget about exports, ten years is too short to become self reliant in every sector. In a country where smart people either move out or compete for government service jobs, why anyone would be interested to get into manufacturing. Then, there are challenges like land availability, credit, corruption at government offices. Reformation must happen at every level. Make in India will be successful in few years, which will be much more visible than now.
I remember that event so well. Tycoons had flown in on their corporate jets. The hall was overflowing. Glitzy, as was to become the leitmotif. And see what the numbers show. Make in India should go back to the drawing board. Deeper integration with value chains, lower import tariffs, joining RCEP. A new Sherpa in charge.
Who in their senses will get into manufacturing in India. If anyone gets into it governments both state and centre will be the first to make the manufacturer’s life miserable. As it is manufacturing is a tough ask without being made to follow a plethora of rules and regulations, undergo harassment by petty bureaucracy and generally being treated as a criminal.
Let us look at it this way. With burgeoning population, unemployment being what it is, Corona and Covid , mercifully we have not sunk especially with Chinese consumables available at competitive affordable prices. The variable GST has of late compounded the challenges of manufacturers and startups. Let us admit these and find a way forward